CIEN

Ciena Corporation [CIEN] Stock Forecast

Q: What is Ciena Corporation stock symbol ?

Ciena Corporation is a US stock, located in Hanover of Md and trading under the symbol CIEN

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CIEN Stock Summary

Earnings have grown 20.75% per last year.

Earnings are expected to fall -100% next year

Profit margins (0.05%) are lower than the previous year (0.06%)

CIEN has less than 1 year of cash runway

An RSI reading of 30 or below indicates an oversold or undervalued condition.

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CIEN Financial details

Company Rating

Buy

Market Cap

6.59B

Income

228.13M

Revenue

4.37B

Book val./share

20.12

Cash/share

9.44

Dividend

Dividend %

Employees

8.31K

Optionable

Shortable

Yes

Earnings

04 Jun 2024

P/E

30.31

Forward P/E

PEG

5.67

P/S

1.58

P/B

2.37

P/C

4.6

P/FCF

11.38

Quick Ratio

2.86

Current Ratio

4.26

Debt / Equity

0.54

LT Debt / Equity

0.53

EPS (TTM)

1.55

EPS next Y

EPS next Q

EPS this Y

69.31%

EPS next Y

EPS next 5Y

EPS last 5Y

0.96%

Revenue last 5Y

4.19%

Revenue Q/Q

-8.13%

EPS Q/Q

-45.16%

SMA20

-10%

SMA50

-18.18%

SMA100

Inst Own

74.79%

Inst Trans

0.83%

ROA

ROE

ROC

0.08%

Gross Margin

43%

Oper. Margin

Profit Margin

Payout

Shs Outstand

Shs Float

Target Price

52W Range

39.94-63.24

52W High

-31.1%

52W Low

+11.31%

RSI

Rel Volume

0.43

Avg Volume

2.1M

Volume

905.93K

Perf Week

-7.83%

Perf Month

-20.03%

Perf Quarter

5.83%

Perf Half Y

-1.12%

Beta

0.995

Volatility

0.73%, 2.49%

Prev Close

-0.82%

Price

43.41

Change

-1.92%

CIEN Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-10-28

Metric	2019-10-31	2020-10-31	2021-10-30	2022-10-29	2023-10-28
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	22.94	22.89	23.32	24.02	29.45
Net income per share	1.63	2.34	3.22	1.01	1.71
Operating cash flow per share	2.65	3.2	3.49	-1.11	1.13
Free cash flow per share	2.25	2.66	2.98	-1.71	0.42
Cash per share	6.51	8.03	10.33	7.59	7.49
Book value per share	13.95	16.27	19.45	17.94	19.12
Tangible book value per share	11.32	13.62	17.02	15.31	14.75
Share holders equity per share	13.95	16.27	19.45	17.94	19.12
Interest debt per share	4.65	5.15	4.96	7.78	11.36
Market cap	5.78B	6.08B	8.43B	7.3B	6.11B
Enterprise value	5.56B	5.75B	7.75B	7.43B	6.71B
P/E ratio	22.81	16.82	16.85	47.72	23.98
Price to sales ratio	1.62	1.72	2.33	2.01	1.39
POCF ratio	13.99	12.31	15.56	-43.49	36.3
PFCF ratio	16.49	14.79	18.24	-28.22	98.35
P/B Ratio	2.66	2.42	2.79	2.69	2.15
PTB ratio	2.66	2.42	2.79	2.69	2.15
EV to sales	1.56	1.63	2.14	2.05	1.53
Enterprise value over EBITDA	11.1	8.9	11.74	18.38	11.38
EV to operating cash flow	13.47	11.65	14.3	-44.3	39.83
EV to free cash flow	15.87	14	16.76	-28.74	107.91
Earnings yield	0.04	0.06	0.06	0.02	0.04
Free cash flow yield	0.06	0.07	0.05	-0.04	0.01
Debt to equity	0.32	0.3	0.24	0.42	0.56
Debt to assets	0.18	0.18	0.15	0.22	0.29
Net debt to EBITDA	-0.43	-0.5	-1.04	0.33	1.01
Current ratio	2.82	3.43	3.51	3.25	3.84
Interest coverage	9.26	16.04	15.19	4.74	4.06
Income quality	1.63	1.37	1.08	-1.1	0.66
Dividend Yield	0	0	0	0	0.08
Payout ratio	0	0	0.01	0	1.96
Sales general and administrative to revenue	0.05	0.05	0.05	0.05	0.05
Research and developement to revenue	0.15	0.15	0.15	0.17	0.17
Intangibles to total assets	0.11	0.1	0.08	0.08	0.12
Capex to operating cash flow	-0.15	-0.17	-0.15	0.54	-0.63
Capex to revenue	-0.02	-0.02	-0.02	-0.03	-0.02
Capex to depreciation	-0.51	-0.62	-0.6	-0.65	-0.75
Stock based compensation to revenue	0.02	0.02	0.02	0.03	0.03
Graham number	22.6	29.27	37.55	20.2	27.13
ROIC	0.1	0.12	0.14	0.05	0.06
Return on tangible assets	0.07	0.1	0.11	0.03	0.05
Graham Net	0.06	1.81	3.93	-0.29	-2.41
Working capital	1.54B	1.85B	2.28B	2.35B	2.64B
Tangible asset value	1.76B	2.1B	2.64B	2.32B	2.2B
Net current asset value	661.22M	939.84M	1.34B	1.03B	822.65M
Invested capital	0.32	0.3	0.24	0.42	0.56
Average receivables	755.68M	722.13M	802.18M	902.87M	962.32M
Average payables	342.7M	318.36M	324.04M	436.11M	416.94M
Average inventory	303.9M	344.71M	359.32M	660.5M	998.78M
Days sales outstanding	74.07	74.34	89.21	92.52	83.53
Days payables outstanding	62	56.69	68.47	90.89	46.26
Days of inventory on hand	62.04	66.89	71.95	166.75	152.95
Receivables turnover	4.93	4.91	4.09	3.95	4.37
Payables turnover	5.89	6.44	5.33	4.02	7.89
Inventory turnover	5.88	5.46	5.07	2.19	2.39
ROE	0.12	0.14	0.17	0.06	0.09
Capex per share	-0.4	-0.54	-0.51	-0.6	-0.71

Quarterly Fundamentals Overview

Last date of statement is 2024-01-27 for Q1

Metric	2023-01-28	2023-04-29	2023-07-29	2023-10-28	2024-01-27
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	7.09	7.57	7.13	7.66	7.14
Net income per share	0.51	0.39	0.2	0.62	0.34
Operating cash flow per share	-1.78	1.54	0.06	1.33	1.81
Free cash flow per share	-1.98	1.35	-0.11	1.17	1.7
Cash per share	7.75	8.81	8.42	7.57	9.44
Book value per share	19.04	19.44	19.69	19.32	20.12
Tangible book value per share	14.4	14.91	15.24	14.91	15.71
Share holders equity per share	19.04	19.44	19.69	19.32	20.12
Interest debt per share	11	10.96	10.92	11.05	11.01
Market cap	7.61B	6.89B	6.22B	6.05B	7.47B
Enterprise value	8.18B	7.34B	6.72B	6.64B	7.81B
P/E ratio	24.95	29.87	52.33	16.58	37.7
Price to sales ratio	7.2	6.08	5.83	5.35	7.2
POCF ratio	-28.64	29.97	716.4	30.94	28.33
PFCF ratio	-25.73	34.13	-372.7	35.02	30.24
P/B Ratio	2.68	2.37	2.11	2.12	2.56
PTB ratio	2.68	2.37	2.11	2.12	2.56
EV to sales	7.74	6.48	6.29	5.88	7.53
Enterprise value over EBITDA	52.22	46.63	52.22	45.34	63.83
EV to operating cash flow	-30.78	31.92	773.11	33.98	29.64
EV to free cash flow	-27.66	36.35	-402.2	38.46	31.63
Earnings yield	0.01	0.01	0	0.02	0.01
Free cash flow yield	-0.04	0.03	0	0.03	0.03
Debt to equity	0.57	0.56	0.55	0.56	0.54
Debt to assets	0.29	0.28	0.28	0.29	0.28
Net debt to EBITDA	3.64	2.85	3.83	4.06	2.81
Current ratio	3.7	3.66	3.95	3.84	4.26
Interest coverage	7.82	4.3	3.25	3.77	3.77
Income quality	-3.48	3.99	0.29	2.14	5.32
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0.01	0
Sales general and administrative to revenue	0.05	0.04	0.05	0.06	0.05
Research and developement to revenue	0.17	0.17	0.18	0.17	0.16
Intangibles to total assets	0.12	0.12	0.12	0.12	0.11
Capex to operating cash flow	0.11	-0.12	-2.92	-0.12	-0.06
Capex to revenue	-0.03	-0.02	-0.02	-0.02	-0.02
Capex to depreciation	-0.92	-0.76	-0.71	-0.62	-0.51
Stock based compensation to revenue	0.03	0.03	0.03	0.03	0.04
Graham number	14.8	12.98	9.38	16.4	12.43
ROIC	0.02	0.01	0.01	0.03	0.01
Return on tangible assets	0.02	0.01	0.01	0.02	0.01
Graham Net	-2.01	-1.49	-1.15	-2.44	-0.19
Working capital	2.74B	2.81B	2.85B	2.64B	2.74B
Tangible asset value	2.15B	2.23B	2.28B	2.2B	2.28B
Net current asset value	928.37M	1B	1.04B	822.65M	916.1M
Invested capital	0.57	0.56	0.55	0.56	0.54
Average receivables	987.84M	1.05B	1.02B	1B	1.02B
Average payables	497.27M	461.63M	418.96M	355.49M	316.96M
Average inventory	1.06B	1.14B	1.15B	1.12B	1.02B
Days sales outstanding	89.86	82.37	84.06	79.99	90
Days payables outstanding	71.7	62.06	57.17	44.47	47.35
Days of inventory on hand	176.54	153.23	173.4	147.04	147.53
Receivables turnover	1	1.09	1.07	1.13	1
Payables turnover	1.26	1.45	1.57	2.02	1.9
Inventory turnover	0.51	0.59	0.52	0.61	0.61
ROE	0.03	0.02	0.01	0.03	0.02
Capex per share	-0.2	-0.19	-0.17	-0.15	-0.11

CIEN Frequently Asked Questions

What is Ciena Corporation stock symbol ?

Ciena Corporation is a US stock , located in Hanover of Md and trading under the symbol CIEN

What is Ciena Corporation stock quote today ?

Ciena Corporation stock price is $43.41 today.

Is Ciena Corporation stock public?

Yes, Ciena Corporation is a publicly traded company.

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Company Profile

Volume Average 2.1M
Market Capitalization 6.59B
Employee 8.31K
CEO Mr. Gary B. Smith
Headquarters Hanover,MD,US
IPO Date 1997-02-07
Website https://www.ciena.com

Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserver stackable interconnect system, and the 6500 Reconfigurable line system, and the 5400 family of Packet-Optical platforms, as well as Z-Series Packet-Optical Platform; 3000 family of service delivery switches and service aggregation switches, and the 5000 family of service aggregation switches, as well as 8700 Packetwave Platform and the Ethernet packet configuration for the 5410 Service Aggregation Switch; and 6500 Packet Transport System. This segment also sells operating system software and enhanced software features embedded in each of its products. The company's Blue Planet Automation Software and Services segment provides multi-domain service orchestration, inventory, route optimization and analysis, network function virtualization orchestration, analytics, and related services. Its Platform Software and Service segment offers OneControl unified management system and platform software services, as well as manage, control, and plan software. The company's Global Services segment provides consulting and network design, installation and deployment, maintenance support, and training services. The company sells its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.